LNR lanthanein resources ltd

Article, page-7

  1. 11,253 Posts.
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    Just like SKM, one comment that I particularly liked was the discussion on the E-EFS acreage (which is about 10% of our 1P Reserves) and the comment of
    "We believe that we've gotten up the curve without the onus of having spent a lot of capital in what is a very new area in the history of the play. The plan is to have one or more of those operators as partners in wells that we'll operate. They'll then have a vested interest in transmitting their learning curve to us."

    Clearly having a HK or APA as a partner with their extensive knowledge of the area is invaluable to LNR capital effectiveness and efficiency but also potentially opens up additional partnering opportunities (the upside acreage looks disconnected and could work out nicely in some form of AMI potentially).

    Also like that there are 10 wells in various stages which after 60 days (say end Sep) will give LNR lots to talk about ...
 
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